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Societe Generale upgraded Pioneer Natural Resources (NYSE:PXD) from Sell to Hold in a report released today.

Societe Generale has upgraded Pioneer Natural Resources (NYSE:PXD) from Sell to Hold in a report released on 1/11/2017.

Previously on Wednesday March 02, 2016, Jefferies & Co reported on Pioneer Natural Resources (NYSE:PXD) increased the target price from $0.00 to $147.00. At the time, this indicated a possible upside of 0.16%.

Yesterday Pioneer Natural Resources (NYSE:PXD) traded 0.89% higher at $181.27. The company’s 50-day moving average is $184.88 and its 200-day moving average is $176.20. The last closing price is up 3.80% from the 200-day moving average, compared to the S&P 500 which has decreased -0.04% over the same time period. 1,493,120 shares of the stock traded hands, down from an average trading volume of 1,594,630

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Pioneer Natural Resources (NYSE:PXD)

Pioneer Natural Resources has a 52 week low of $103.50 and a 52 week high of $195.00 Pioneer Natural Resources’s market capitalization is currently $0.

Also covering Pioneer Natural Resources's target price, a total of 40 firms have reported on the stock. The consensus target is $190.39 with twelve equity analysts rating the company a strong buy, 21 brokers rating the stock a buy, 5 brokers rating the company a hold, zero analysts rating the company a underperform, and lastly 0 brokerages rating the stock a sell.

Brief Synopsis On Pioneer Natural Resources (NYSE:PXD)

Pioneer Natural Resources Company is an independent oil and gas exploration and production company with operations in the United States. The Company operates through the oil and gas development, exploration and production segment. The Company focuses on production of oil, natural gas liquid (NGLs) and gas through development drilling, production enhancement activities and acquisitions of producing properties. The Company's properties include Spraberry/Wolfcamp oil field located in West Texas; the Eagle Ford Shale field located in South Texas; Raton gas field located in southern Colorado; the West Panhandle gas and liquids field located in the Texas Panhandle, and the Edwards gas field located in South Texas. The Company's operations include well stimulation and completion activities, such as hydraulic fracturing, and water distribution and disposal activities. The Company owns interests in over seven gas processing plants and approximately eight treating facilities.

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